2, RAKE LANE, WALLASEY, CH45 5DF - £334,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RAKE LANE is a large semi-detached house of 115m², which could now be worth an estimated £551,940. It was last sold for £334,000 in January 2014, which was around 134% above the average January 2014 semi-detached price in the Wirral local authority area. The most recent EPC inspection was November 2009, where the current energy rating was G, and the potential energy rating was F.

2 RAKE LANE Sold Prices

Land registry data shows four sales for 2 RAKE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wirral local authority area for the corresponding sale date. All of the four 2 RAKE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 10 JAN	£334,000	£142,691	134% above HPI
2009 4 DEC	£305,000	£142,306	114% above HPI
2003 4 JUL	£195,000	£96,762	102% above HPI
2002 1 MAR	£140,000	£70,695	98% above HPI

2 RAKE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wirral local authority area over time, sourced from the HPI. The four 2 RAKE LANE sales between March 2002 and January 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2009 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the January 2014 sale, where it rises to 134% above the HPI. The line then continues to track at 134% above the HPI.

What might 2 RAKE LANE be worth now?

2 RAKE LANE might now be worth an estimated £551,940.

This is based on house price inflation of 65.3%, between January 2014 and February 2025, for semi-detached houses, in the Wirral local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 2 RAKE LANE of £334,000 on 10th January 2014. For the value to have increased from £334,000 to £551,940 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 RAKE LANE has moved in line with the HPI for semi-detached houses in the Wirral local authority area.
• The January 2014 sale price of £334,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAKE LANE has not materially changed since January 2014.

How Large is 2 RAKE LANE?

2 RAKE LANE is 115m² according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of semi-detached houses houses in Wallasey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallasey, and where 2 RAKE LANE lies on this distribution: 61% of semi-detached houses houses are smaller than 2 RAKE LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

2 RAKE LANE: Plot and Title Map

2 RAKE LANE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 2 RAKE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 RAKE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 RAKE LANE?

2 RAKE LANE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 2 on RAKE LANE.